LayoffBlog.com

February 9, 2009

Xstrata to lay off hundreds.

Filed under: Canada,mining,worldwide — 7macaw @ 6:59 am
Tags: , ,

An international mining company Xstrata Nickel today announces plans to restructure its Sudbury [Northern Ontario, Canada] operations in response to ongoing challenging market conditions. As a result of the restructuring, 686 permanent employee positions will be made redundant, affecting both union and salaried employees in operational and non-operational roles. A three-day stoppage of operations was initiated today to allow the restructuring to occur.

The restructuring follows the announcement in November 2008 of the accelerated closure of the end-of-life Craig and Thayer-Lindsley operations at Sudbury, both of which will cease operations with immediate effect.

Source: Xstrata press-release

2 Comments »

  1. This is crazy!!! What’s to become of our community?? I think the World is headed for another depression … one that wil make the last look like a vacation!! Scary times!!

    Comment by Dano — February 9, 2009 @ 8:38 am | Reply

  2. This is what happens when our government lets multi-nations come in and buy our resources.It seems to be o.k. to protect our bankers, auto workers,etc.,but what about the people that work in the mines and also supply the mines with goods and services?

    Comment by mike — February 9, 2009 @ 1:55 pm | Reply


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